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news-imageApril 16, 2025

Official Trump (TRUMP) developer pulls $4.6M liquidity, bridges all USDC to Ethereum

Official Trump (TRUMP) developers drained $4.6M USDC from the liquidity pool, bridging the proceeds to Ethereum.
Publisher: Cryptopolitan
Sentiment: Negative
ETH
USDC

More News Articles

Negative
cover-imageCointelegraph
April 16, 2025

Ethereum L2 development is ‘double-edged sword' for ETH value

Ethereum's push toward layer-2 (L2) blockchain scalability may be a double-edged sword for Ether, potentially weakening the value accrual of the world's second-largest cryptocurrency, according to a new report from Binance Research.The report suggests that Ethereum's L2 blockchain networks — built to improve mainnet scalability and lower transaction costs — may be cannibalistic of the Ethereum base layer, negatively impacting the price of Ether (ETH). Ethereum's dominance in terms of decentralized exchange (DEX) volume and fees generated is “under threat” by Solana and BNB Smart Chain, Binance Research wrote.

Neutral
cover-imageCoindesk
April 15, 2025

Ethereum's Path Forward With EtherFi CEO

EtherFi CEO Mike Silagadze joins Consensus Hong Kong to discuss the state of Ethereum amid fierce competition and the long-term vision for the blockchain. - This content should not be construed or relied upon as investment advice.

Neutral
cover-imageBenzinga
April 15, 2025

Bitcoin, Ethereum, XRP, Dogecoin Dip, But Traders Remain Optimistic For One Reason

Major cryptocurrencies are in the red as macro uncertainty and trade war tensions weigh on sentiment. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $84,157.00 -1.2% Ethereum (CRYPTO: ETH) $1,609.19 -2% Solana (CRYPTO: SOL) $128.50 -1.8% XRP (CRYPTO: XRP) $2.12 -1.7% Dogecoin (CRYPTO: DOGE) $0.1554 -3.5% Shiba Inu (CRYPTO: SHIB) $0.00001183 -2.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 28.6% and daily active addresses growing by 19%.

Positive
cover-imageTokenpost
April 15, 2025

Ethereum Eyes Recovery as New Trendline Forms Near $1,630 Support

Ethereum (ETH) is showing signs of stabilization after weeks of downside volatility, as a newly formed upward trendline on the daily chart suggests the $1,600$1,700 range may act as a key support zone. The formation of higher lows points to a potential bullish shift in sentiment, indicating renewed accumulation among market participants.

Negative
cover-imageCointelegraph
April 15, 2025

Ethereum market share nears historic lows as ETH price risks falling to $1,100

Ether's (ETH) market is very close to hitting all-time lows as a classic bearish chart pattern hints at a deeper correction toward $1,100.Ethereum's market dominance keeps falling On April 9, Ethereum's market dominance, or the measure of Ether's share of crypto's overall market capitalization, hit a new multiyear low of 7.18%, according to Cointelegraph Markets Pro and TradingView data. This value was merely a hair's breadth above the all-time low of 7.09% reached in September 2019.

Positive
cover-imageCryptopolitan
April 15, 2025

Ethereum could power ethical AI revolution, says former core developer

A former Ethereum core developer, Eric Conner, has argued that the network could be the foundation for a global ethical AI revolution. According to Conner, the blockchain network has a “huge opportunity” to emerge as a decentralized partner in addressing the growing concerns around artificial intelligence platforms.

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